MQG News: Macquarie Telecom Group's (ASX:MAQ) Returns On Capital Not Reflecting Well On The Business - 12th Oct 2022, 3:53pm

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If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. However, after investigating Macquarie Telecom Group (ASX:MAQ), we don't think it's current trends fit the mold of a multi-bagger.
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